Here is the detail of the broker's customer support:. A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning.
You can decide for yourself if GCI is a good broker for you or not by reviewing the criteria.
GCI Financial Greece
In general, GCI provides trading service in Forex. GCI is regulated by None. A regulated broker equals a more responsible trading environment.
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You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses. GCI is a brokerage company offering trading services for clients since with offices in Anguilla. Open GCI Account.
GCI Financial - Specs
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Simple yet detailed information upon this broker can be seen below. Company Information Website www. Features Bonus offers Free education Segregated accounts Managed accounts Affiliate program Islamic accounts available. Maximum Leverage Hedging Overnight interest rates swaps Trailing stop Pending orders One-click trading Mobile trading Automated trading. Instruments Traded Besides lots of currency pair, GCI also offers some instruments you would like to trade on, such as Forex for your best choice. Hedging Overnight interest rates swaps Pending orders Mobile trading. Trading Platforms Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want.
Website Languages Arabic. Trade sizes start from 0. The maximum trade size is unknown however whatever it is we would recommend not trading in sizes larger than 50 lots, as the bigger a trade becomes the harder it is for the markets or liquidity provider to execute the trade quickly and without any slippage. There is also no note of the maximum number of open trades allowed. There are no additional commissions on any of the accounts that GCI Online Trading offer, all costs are built into the spreads.
There are, however, spread charges, and these are interest charges that are incurred for holding trades overnight, they can be both negative or positive and can usually be viewed from within the trading platform of choice. GCI Online Trading has broken their assets down into 4 different categories which are forex, commodities, indices, and stocks, we will outline a few examples from each. Spreads start from 1 pip, the spreads are variable also known as floating so this means that when the markets are being volatile, the spreads will often be seen higher.
Once an account is open the minimum deposit disappears for any subsequent top-up deposits and any amount is ok. The following methods are available for depositing along with their respective currencies and fees. GCI is not adding any fees of their own, but be sure to check with your bank or processor to see if they have any fees of their own, especially when using Bank Wire Transfer or Perfect Money.
There is no notice about any fees or lack of, so it is unknown if there are any added by GCI, whether there are or not, be sure to check with your bank or processor to see if they add any fees of their own. The time it takes for processing is not clearly indicated on the website, would it would be within 48 hours though, at any rate, once the request is processed, depending on the method used it could take an additional 1 — 5 working days for your bank or processor to fully process the withdrawal and make the funds available.
We could not locate any information on the website in regards to bonuses or promotions so it does not appear that there are any active ones at the time of writing this review. If you are interested in bonuses then be sure to check back regularly or get in contact with the customer service team to see if there are any upcoming bonuses or promotions. Closed Brokers.
GCI Financial review. Add comment Interested in other brokers? I have nothing to complain about GCI Financial broker. I'm so satisfied with their services, and they never give me any difficulties during my trading.
GCI Brokers – Are They Trustworthy?
They have excellent services to satisfy the clients. The trading platform also has good quality and user-friendly. My deals are always open in the actual position where I want to set, also SL or TP working perfectly. I used to withdraw my profit via WebMoney and never had a problem with that. They don't have a hidden commission as well. Bad things always happen when my deposit is more than their account minimum. I contacted them, then they said that was out of their control.
I have watched their behavior since 3 months ago. And after suffering a huge loss, I quit this broker. So freak broker.
GCI Forex Broker, GCI Review, GCI Information
I would like to share my bad case with this broker. Their software will freeze up all too often, at times when it's going against your position. I wasn't served well by the customer support of GCI Financial when I was get a problem in terms of registration and verification of my trading account.
I tried to believe with this broker because I see a lot of very attractive promotions. Maybe I would think again to immediately close this account because I don't want to be harmed by them. My trading experience so far s pleasant. The desktop version of the trading platform works well.
It is stable and can handle high volatility. However, I don't like their mobile platform. It is very shaky and unreliable when placing orders.